$735,000

An exciting opportunity to acquire a sizable infill parcel in San Luis Obispo with potential for future redevelopment. Zoned R-2, this property offers possibilities for investors, builders, and developers seeking land in an established residential area. The existing residence dates to approximately the 1920s, with the primary value in the land. The underlying zoning may provide flexibility for future parcel division or redevelopment, subject to City requirements and approval. Potential development may require additional site improvements and infrastructure. Buyers are encouraged to independently verify zoning, permitted uses, parcel division potential, and development feasibility with the City of San Luis Obispo. Conveniently located near neighborhood shopping, grocery stores, restaurants, parks, and other everyday amenities, the property also offers access to downtown San Luis Obispo, Cal Poly, and major local routes. Enjoy the appeal of an established neighborhood with convenient connections to employment, education, recreation, and the broader Central Coast lifestyle.